SteveRankin
Sequim, WA
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After some more phone calls, I've got a clearer picture of what happened and what's next.
I called my lender & talked to someone in their title & liens dept. They hadn't received the MSO or title, but they definitely sent the dealer a check to pay for the coach. To say they were unconcerned would be an understatement about the situation.
I called the manufacturer. Since the coach was a customer order instead of a stock unit, they shipped it to the dealer COD. They hadn't been paid yet, but they've been doing business with this dealer since the beginning and they've been in contact with the dealer and they're not worried either.
I called the dealer again and he gave me some insight into the things he's doing to put the dealership back on track and it sounds like he's got a better than average chance to make it work. We certainly hope so, not just for our sake but because we'd like to see him make it work and keep an RV business in business in our town.
So, we're not worried. Especially because our coach isn't caught up in the mess with the financing companies that funded his flooring. Since none of the 3 other parties involved in this with us are excited, nervous and likely to create problems in the near future trying to force their way, we're feeling OK.
It's quite likely that this will settle out sooner rather than later with no problems for us. If that doesn't work out that nicely, then it's still likely that it will all work out fine in the end, it's just that it will be later rather than sooner.
Steve & C. J.
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dougrainer
Carrolton
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Steve
1. The dealers not concerned because HE is not on the hook.
2. The Lender is not concerned because they are not on the hook
3. The Manufacturer is HOPING that their long term dealer will make good on the unit
4. NOBODY IS CONCERNED BECAUSE YOU ARE ON THE HOOK. You signed to buy and pay the terms, so regardless of Title or lack of title, YOU will pay for that unit. YOUR problem is HOW can you license that unit? What if you decide to sell in afew months because of financial circumstances? NOBODY will buy your unit as long as the MSO/Title is in limbo. How are you going to get it registered? HOW can you legally put the unit on the road without Plates? HOW can your insurance company provide you with a policy without Plates? Doug
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JaBob
Roswell, Georgia
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Get a lawyer!
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itsalleasy
USA
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dougrainer wrote:
4. NOBODY IS CONCERNED BECAUSE YOU ARE ON THE HOOK. You signed to buy and pay the terms, so regardless of Title or lack of title, YOU will pay for that unit. YOUR problem is HOW can you license that unit? What if you decide to sell in afew months because of financial circumstances? NOBODY will buy your unit as long as the MSO/Title is in limbo. How are you going to get it registered? HOW can you legally put the unit on the road without Plates? HOW can your insurance company provide you with a policy without Plates? Doug
DOL already told him they would give him as many temporary plates as necessary until this is straightened out. With my insurance I call and they insure. Full coverage and used they want to actually see the vehicle to ascertain condition, new they don't bother. Even if they did want to see it, take it there. They have never asked for a title, I've never had a title that fast, all the info they need is on the bill of sale. To me insurance is a non issue unless you make it an issue. As of now he owns it and is insuring his trailer.
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JALLEN4
OHIO
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dougrainer wrote:Steve
1. The dealers not concerned because HE is not on the hook.
2. The Lender is not concerned because they are not on the hook
3. The Manufacturer is HOPING that their long term dealer will make good on the unit
4. NOBODY IS CONCERNED BECAUSE YOU ARE ON THE HOOK. You signed to buy and pay the terms, so regardless of Title or lack of title, YOU will pay for that unit. YOUR problem is HOW can you license that unit? What if you decide to sell in afew months because of financial circumstances? NOBODY will buy your unit as long as the MSO/Title is in limbo. How are you going to get it registered? HOW can you legally put the unit on the road without Plates? HOW can your insurance company provide you with a policy without Plates? Doug
For various reasons too long to post here, your assumptions are in error.
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JUrban
Delaware
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All well and good that you're not concerned, but perhaps you should be. When one of the other parties involved gets concerned you're liable to get a visit from the repro man as THEY have a former unsatisfied claim on the unit. In cases like these, EVERYONE WATCHES OUT FOR THEMSELVES.
GET A LAWYER so you have someone else watching out for you. When the nut cuttin' time comes, it'll be every man for themselves, and Devil take the hindmost.
John
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WWH
Texas
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I am sorry to hear about your troubles with your new purchase. RV dealerships are very similar to car dealerships in how they handle the money and titles. As others have already pointed out the MSO (Manufacturer's Statement of Origin) is the important piece of the puzzle.
If the dealer is out of trust, has not paid the manufacturer, and the manufacturer has not transfered the MSO to the dealer or the MSO was taken by the Manufacturer when they repossesed the inventory the Manufacturer still owns the trailer. You, the buyer, have legal recourse against the dealer.
A very similar situation at one of our local car dealerships is underway now where they were out of trust. Out of trust simply means the vehicle was sold and the finance company the dealership uses to purchase vehicles was not paid. Depending on the agreement between the finance company and the dealer the MSO and Titles may be held by the dealers finance company (which is sometimes the manufacturer) and not released until the vehicle is paid for. This is often why it takes a fairly long time to process the title paperwork after a sale has been completed.
The managing partner of one of our local car dealerships that was out of trust and is in the news almost daily did not pay off 127 vehicles and is going to jail. His partners are paying off the vehicles or the vehicles would be repossesed from the people that bought them. Big mess!
Like others have stated previously I believe it is time to get some legal representation that can guide you correctly.
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Daveinet
il
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Guys, listen to Jallen4. He is in the business (closely related) and has much more FIRST HAND knowledge in these matters than any of us seat of the pants legal advisers.
Dave
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driveby
Vancouver BC Canada
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Naive point - if Northwood isn't concerned about this situation why not ask them to get you the MSO etc directly? If they feel the Dealer will come clean then this will free you from this mess. Might just seem innocent and naive but the real point will be that you're out from the future hassle and you can go back to enjoying the sun. And it will show whether Northwood is really concerned or just placating a good customer with air noise.
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dougrainer
Carrolton
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JALLEN4 wrote:dougrainer wrote:Steve
1. The dealers not concerned because HE is not on the hook.
2. The Lender is not concerned because they are not on the hook
3. The Manufacturer is HOPING that their long term dealer will make good on the unit
4. NOBODY IS CONCERNED BECAUSE YOU ARE ON THE HOOK. You signed to buy and pay the terms, so regardless of Title or lack of title, YOU will pay for that unit. YOUR problem is HOW can you license that unit? What if you decide to sell in afew months because of financial circumstances? NOBODY will buy your unit as long as the MSO/Title is in limbo. How are you going to get it registered? HOW can you legally put the unit on the road without Plates? HOW can your insurance company provide you with a policy without Plates? Doug
For various reasons too long to post here, your assumptions are in error.
I wish you would post. You have the knowledge and I would like to know what this man can expect in the future. Doug.
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